Solutions to Attract Green FDI in Vietnam

Vietnam has more than thirty years of experience attracting foreign investment, in addition to the impressive results that the FDI sector has contributed to economic growth, job creation, and improving technological levels. We are facing a series of FDI projects that use outdated technology, consume energy, pollute the environment, etc. This reality requires Vietnam to make policy adjustments in revenue. Attracting FDI to ensure economic growth coupled with sustainable development, increasing the quantity while paying attention to the quality of FDI projects to create compatibility with the domestic situation, improve quality and the effectiveness of this capital flow creates a spillover effect on the Vietnamese economy. On the other hand, Vietnam is a responsible business partner globally and is making efforts to transition to a green economy. To achieve this goal, it is necessary to start from attracting green FDI, which needs to focus on Select and attract new high-tech projects that are environmentally friendly, use less resources, consume less energy and are also the least labor-intensive. This article studies the theory of green FDI, green FDI policies, the current status of attracting green FDI in Vietnam, the difficulties and challenges when implementing green FDI, and offers solutions to increase the attraction of green FDI. In Vietnam in the near future.